bill: now there is a desperate search on for survivors in guatemala after a massive quake yesterday struck near san marcos, near the mexican border. nearly 50 reported dead so far but dozens believed buried under collapsed buildings and other debris. that earthquake had a magnitude 7.4. rescue efforts tonight there today. martha: congressman paul ryan now heads back to washington where there is indeed lots of work to do. he will continue his responsibilities there as the chairman of the house budget committee, which is a powerful position, as we face a mountain of debt that now stands at more than $16 trillion. so where do we go with all this? art laffer is former reagan economic adviser. art, good morning, good to see you this morning. >> good morning, martha how are you. martha: i'm doing just fine, thank you. let's talk about paul ryan. he was vilified for his budget when it came out and passionately supported by others. the president called him out on it once in a public forum. he ran for vice president, lost, now what? >> well, now i think the ryan budget is a real problem for the pre